Mutual Funds
AMC
ITI Banking and Financial Services Fund (IDCW)

ITI Banking and Financial Services Fund (IDCW)

Sectoral / Thematic

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NAV
15.00(0.51%)
Fund Size (CR)
₹301.88
Expense Ratio
2.34
Scheme Type
Active Fund
Value Research

Min. investment
₹5,000
Minimum Additional Investment
₹1,000
Minimum SIP Investment
₹500
Minimum Withdrawal
₹1,000
Exit Load
1% of applicable Net Asset Value - If the amount sought to be redeemed or switch out is invested for a period of up to 3 months from the date of allotment Nil - If the amount, sought to be redeemed or switch out is invested for a period of more than 3 months from the date of allotment
0.5%
Return Since Launch
11.16%

Absolute Return: 0.69%

Annualized Return: 0%

Basic Details

Scheme Manager

Nilay Dalal

Bench Mark

Nifty Financial Services TRI

Type

OPEN

Lumpsum Returns

Period Invested For	₹10,000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	10 September 2025	10128.88	1.29%	-	1.50%	534/916
1 Month	14 August 2025	10097.83	0.98%	-	3.81%	816/912
3 Month	17 June 2025	10012.88	0.13%	-	4.05%	777/876
6 Month	17 March 2025	11300.42	13.00%	-	17.94%	708/860
1 Year	17 September 2024	10666.36	6.66%	6.66%	-0.63%	99/737
3 Year	16 September 2022	14039.07	40.39%	11.95%	19.89%	474/490
5 Year	-	-	0%	-	22.86%	-/-
Since Inception	6 December 2021	14924.80	49.25%	11.16%	14.24%	664/916

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For	₹10,000 Invested on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	1 October 2024	1,20,000	128299.83	6.92%	6.92%
3 Year	3 October 2022	3,60,000	434044.29	20.57%	6.43%
5 Year	-	-	-	-	-
10 Year	-	-	-	-	-

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

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Investment type
Scheme based

SIP
Lumpsum

Monthly Investment (₹)

Expected Returns Rate (%)

Time Period (in Years)

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Invested Amount
₹25,000
Estimated Returns
₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

3.62%

Standard Deviation

0.93%

Beta

0.46%

Sharpe Ratio

0.00%

Treynor's Ratio

-1.24%

Jension's Alpha

Asset Allocation

Sector Allocation

Top 10 stock holding in portfolio

Stock Invested in	% of Total Holdings	Quantity	Value (Cr)	Asset Type	Segment
HDFC Bank	24.22%	768468	73.13	Equity	Banks
ICICI Bank	11.29%	243749	34.07	Equity	Banks
SBI	7.45%	280157	22.48	Equity	Banks
Axis Bank	7.45%	215294	22.50	Equity	Banks
Kotak Mah. Bank	7.24%	111449	21.85	Equity	Banks
Bajaj Finance	4.24%	145900	12.81	Equity	Finance
HDFC Life Insur.	2.78%	108607	8.38	Equity	Insurance
RBL Bank	2.16%	249800	6.52	Equity	Banks
PNB Housing	1.99%	79653	6.00	Equity	Finance
Jio Financial	1.79%	173800	5.42	Equity	Finance

Peer Comparison

Scheme Name	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Nippon India Taiwan Equity Fund - Direct (G)	389.09	9.89%	28.82%	51.48%	47.63%	34.28%
Nippon India Taiwan Equity Fund - Direct (IDCW)	389.09	9.89%	28.82%	51.48%	47.63%	34.28%
Aditya Birla SL International Equity Fund - Direct (IDCW)	249.75	2.23%	10.79%	19.69%	26.99%	18.75%
Aditya Birla SL International Equity Fund - Direct (G)	249.75	2.23%	10.79%	19.69%	26.99%	18.75%
Motilal Oswal Business Cycle Fund - Direct (IDCW)	1976.19	8.24%	8.87%	20.78%	19.87%	-

List of Schemes under ITI Mutual Fund

Fund Name	Category	Risk	1Y Returns	Ratings	Fund Size (Cr)
ITI Small Cap Fund	Equity	Very High	1.22%	3	₹2,640.78
ITI Mid Cap Fund	Equity	Very High	-6.63%	4	₹1,249.03
ITI Pharma and Healthcare Fund	Equity	Very High	6.28%	3	₹229.93
ITI Arbitrage Fund	Hybrid	Low	7.62%	1	₹46.27
ITI Large Cap Fund	Equity	Very High	-5.47%	4	₹557.42
ITI Bharat Consumption Fund	Equity	Very High	0%	0	₹230.18
ITI Banking and Financial Services Fund	Equity	Very High	10.24%	3	₹318.14
ITI Large & Mid Cap Fund	Equity	Very High	0%	0	₹901.03
ITI Balanced Advantage Fund	Hybrid	Moderately High	2.71%	2	₹408.15
ITI Liquid Fund	Debt	Moderately Low	7.02%	2	₹65.71
ITI Overnight Fund	Debt	Low	6.08%	1	₹16.60
ITI Banking and PSU Debt Fund	Debt	Moderate	8.57%	5	₹36.04
ITI Value Fund	Equity	Very High	-7.8%	3	₹335.57
ITI Flexi Cap Fund	Equity	Very High	-0.87%	0	₹1,186.24
ITI Focused Fund	Equity	Very High	1.85%	0	₹538.10
ITI ELSS Tax Saver Fund	Equity	Very High	-2.91%	4	₹434.70
ITI Ultra Short Duration Fund	Debt	Moderately Low	7.5%	3	₹188.14
ITI Multi Cap Fund	Equity	Very High	-4.67%	3	₹1,305.18
ITI Dynamic Bond Fund	Debt	Moderately Low	8.36%	4	₹38.95

News

ITI MF announces Income Distribution cum Capital Withdrawal (IDCW) under its scheme
ITI Mutual Fund has announced 12 September 2025 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) option under the following schemes. The amount of IDCW (Rs per unit) on the face value of Rs 10 per unit will be:
ITI Balanced Advantage Fund:
Regular Plan ' IDCW: 0.06
Direct Plan ' IDCW: 0.06
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ITI MF announces Income Distribution cum Capital Withdrawal (IDCW) under its scheme
ITI Mutual Fund has announced 26 August 2025 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) option under the following schemes. The amount of IDCW (Rs per unit) on the face value of Rs 10 per unit will be:
ITI Balanced Advantage Fund:
Regular Plan ' IDCW: 0.02
Direct Plan ' IDCW: 0.02
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ITI MF announces Income Distribution cum Capital Withdrawal (IDCW) under its scheme
ITI Mutual Fund has announced 10 July 2025 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) option under the following schemes. The amount of IDCW (Rs per unit) on the face value of Rs 10 per unit will be:
ITI Balanced Advantage Fund:
Regular Plan ' IDCW: 0.10
Direct Plan ' IDCW: 0.10
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Fund House Details & Investment Objective

Date of Incorporation

15 November 2021

Total AUM (Cr)

₹301.88

ITI Banking and Financial Services Fund (IDCW) is an Sectoral / Thematic-oriented fund from the renowned AMC, ITI Mutual Fund. Launched in 15 November 2021, this fund is managed by Nilay Dalal. With assets under management (AUM) worth ₹301.88 (Cr), as of 18 September 2025, ITI Banking and Financial Services Fund (IDCW) is categorized as a Sectoral / Thematic within its segment. The fund has generated a return of 11.16% since its launch.
The current NAV of ITI Banking and Financial Services Fund (IDCW) is ₹15, as on 18 September 2025. The fund's benchmark index is Nifty Financial Services TRI. You can invest in ITI Banking and Financial Services Fund (IDCW) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹500 while the minimum lumpsum investment is ₹5,000.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
If redeemed/Switched out on or before 3 Months from the date of allotment Exit Load is 0.50% Exit Load after completion of 3 months - NIL The fund has generated 11.95% and undefined% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 96.43% in Equity, 3.57% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 66.03% in Banks, 18.45% in Finance, 6.63% in Insurance, 5.32% in Capital Markets, 3.57% in Cash & Others